Facebook Finances Focus of Bloomberg TV Tonight

When companies file normal IPOs, they go into quiet periods. But there has been nothing quiet about the latest financing behind Facebook. Tonight, an hour-long special on the topic will air on Bloomberg TV, featuring interview clips from key investor Yuri Milner along with commentary on the controversial Goldman Sachs investment.

ComScore Finds a Glimmer of Hope: February E-Commerce Up. Has Consumer Spending Bottomed Out?

Here’s a tiny bit of sunshine, via ComScore CEO Gian Fulgoni: E-commerce sales were up two percent in February. That’s not much, but it’s better than the fourth quarter of last year, when e-commerce sales declined for the first time ever, dropping three percent. Best-case scenario? “We might well have bottomed out with consumer spending.”
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Not With a Bang, but a Wimp

Now that Microsoft has abandoned its bid for Yahoo, the tech media is sifting the entrails of the companies’ ill-starred merger talks for portents of things to come. Paul Kedrosky at Infectious Greed says Yahoo has bought itself some more time–and litigation–while Mini-Microsoft says Microsoft’s decision to walk restores his faith in the company.

Yahoo's Nightmare Scenario: I'm From Google and I'm Here to Help!

Here’s what a top-notch source at Yahoo joked to me tonight, after Microsoft walked away from its unsolicited takeover bid to acquire the long-troubled Internet giant. “Google is now officially our best friend.” Oh no. Instantly, an image popped into my brain–that of the slithery Kaa singing “Trust in Me (The Python Song)” to Mowgli from the Disney classic animated film, “The Jungle Book.”

I Love L.A.

I will be traveling south to Los Angeles Sunday afternoon to do a few days reporting there. That will include visits to the offices of JibJab, Userplane, Disney’s Internet Group, as well as some catching up with newly minted investor Ross Levinsohn and Joost CEO Mike Volpi. We’ll be headed that way again a week [...]

New $$ and Tech Conference=Sexy?

According to our video interview with Valleywag’s Owen Thomas that we posted last week, “money is the sex of Silicon Valley.” If so, watch out for a new conference from blogger Paul Kedrosky (pictured here), planned for next year called Money:Tech. Set to take place in February in New York (this dead-of-winter-and-thus-grimy-in-Manhattan prospect loses the [...]